JOKE WUYTACK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JOKE WUYTACK
Largest movements
- Receivables within one year +€101,342
up €101,342 (+287%), from €35,338 to €136,681
of which Other amounts receivable: +€100,830
- Tangible fixed assets -€86,492
down €86,492 (-41.0%), from €211,179 to €124,687
of which Land and buildings: -€76,874
- Cash -€13,847
down €13,847 (-59.5%), from €23,267 to €9,420
mainly Receivables within one year (-€101,342) and Debts after one year (-€36,729)
- Reserves +€48,021
up €48,021 (+106%), from €45,347 to €93,368
- Debts after one year -€36,729
down €36,729 (-24.3%), from €151,057 to €114,328
- Profit (loss) carried forward -€12,221
new in 2025: -€12,221
- Tax, wage and social debts +€3,751
up €3,751 (+27.0%), from €13,900 to €17,651
of which Taxes: +€4,799
- Current portion of long-term debt -€3,309
down €3,309 (-8.6%), from €38,646 to €35,338
- Taxes +€13,265
up €13,265 (+567%), from €2,338 to €15,604
- Other operating charges +€7,416
up €7,416 (+107%), from €6,899 to €14,315
- Gross operating margin -€6,997
down €6,997 (-5.9%), from €119,123 to €112,126
- Financial charges -€1,517
down €1,517 (-14.9%), from €10,150 to €8,633
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,975 | €278,622 | +€1,647 | +0.6% |
| Fixed assets | 21/28 | €211,179 | €124,687 | -€86,492 | -41.0% |
| Tangible fixed assets | 22/27 | €211,179 | €124,687 | -€86,492 | -41.0% |
| Land and buildings | 22 | €170,504 | €93,631 | -€76,874 | -45.1% |
| Plant, machinery and equipment | 23 | €24,964 | €19,681 | -€5,283 | -21.2% |
| Furniture and vehicles | 24 | €543 | €0 | -€543 | -100% |
| Leasing and similar rights | 25 | €15,167 | €11,375 | -€3,792 | -25.0% |
| Current assets | 29/58 | €65,796 | €153,935 | +€88,139 | +134% |
| Stocks and contracts in progress | 3 | €6,776 | €7,155 | +€380 | +5.6% |
| Stocks | 30/36 | €6,776 | €7,155 | +€380 | +5.6% |
| Amounts receivable within one year | 40/41 | €35,338 | €136,681 | +€101,342 | +287% |
| Trade receivables | 40 | €395 | €907 | +€512 | +130% |
| Other amounts receivable | 41 | €34,943 | €135,774 | +€100,830 | +289% |
| Cash at bank and in hand | 54/58 | €23,267 | €9,420 | -€13,847 | -59.5% |
| Deferred charges and accrued income | 490/1 | €415 | €680 | +€264 | +63.6% |
| Total equity and liabilities | 10/49 | €276,975 | €278,622 | +€1,647 | +0.6% |
| Equity | 10/15 | €63,947 | €99,747 | +€35,800 | +56.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,347 | €93,368 | +€48,021 | +106% |
| Distributable reserves | 133 | €45,347 | €93,368 | +€48,021 | +106% |
| Profit (loss) carried forward | 14 | - | -€12,221 | -€12,221 | |
| Amounts payable | 17/49 | €213,028 | €178,875 | -€34,153 | -16.0% |
| Amounts payable after more than one year | 17 | €151,057 | €114,328 | -€36,729 | -24.3% |
| Financial debts | 170/4 | €151,057 | €114,328 | -€36,729 | -24.3% |
| Amounts payable within one year | 42/48 | €61,971 | €64,547 | +€2,576 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €38,646 | €35,338 | -€3,309 | -8.6% |
| Trade debts | 44 | €9,425 | €11,559 | +€2,134 | +22.6% |
| Suppliers | 440/4 | €9,425 | €11,559 | +€2,134 | +22.6% |
| Taxes, remuneration and social security | 45 | €13,900 | €17,651 | +€3,751 | +27.0% |
| Taxes | 450/3 | €11,144 | €15,944 | +€4,799 | +43.1% |
| Remuneration and social security | 454/9 | €2,755 | €1,707 | -€1,048 | -38.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €47,502 | €46,704 | -€798 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,489 | €39,376 | -€113 | -0.3% |
| Other operating charges | 640/8 | €6,899 | €14,315 | +€7,416 | +107% |
| Gross operating margin | 9900 | €119,123 | €112,126 | -€6,997 | -5.9% |
| Operating profit (loss) | 9901 | €25,232 | €11,730 | -€13,502 | -53.5% |
| Financial income | 75/76B | €87 | €285 | +€198 | +227% |
| Recurring financial income | 75 | €87 | €285 | +€198 | +227% |
| Financial charges | 65/66B | €10,150 | €8,633 | -€1,517 | -14.9% |
| Recurring financial charges | 65 | €10,150 | €8,633 | -€1,517 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €15,169 | €3,383 | -€11,787 | -77.7% |
| Income taxes | 67/77 | €2,338 | €15,604 | +€13,265 | +567% |
| Profit (loss) for the period | 9904 | €12,831 | -€12,221 | -€25,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,831 | -€12,221 | -€25,052 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.